The fourth quarter report recorded a historic high in the revenue of the tech giant. Earnings per share amounted to $1.62, significantly exceeding market expectations. In light of this data, JPMorgan analysts promptly raised the target price from $250 to $265. However, on February 26, the asset's price suddenly plummeted by 7%. The value dropped from the intraday high of $197 to below $185. At first glance, the figures appear strong and stable. However, capital movement and hidden patterns indicate high risks.
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The fourth quarter report recorded a historic high in the revenue of the tech giant. Earnings per share amounted to $1.62, significantly exceeding market expectations. In light of this data, JPMorgan analysts promptly raised the target price from $250 to $265. However, on February 26, the asset's price suddenly plummeted by 7%. The value dropped from the intraday high of $197 to below $185. At first glance, the figures appear strong and stable. However, capital movement and hidden patterns indicate high risks.